Wallbridge Mining Company Ltd. is pleased to announce that hole FA-19-094 has returned assays of 32.18 g/t Au over 9.70 metres from the Lower Tabasco Zone on its 100%-owned Fenelon Gold Property . This hole, together with previously reported intersections of 22.74 g/t Au over 48.01 metres , 20.89 g/t Au over 8.54 metres as well as visually strong mineralization with assays pending in FA-19-103, have defined a high-grade [...]
The Day Group , comprised of William Day Construction Limited and William Day Holdings Limited today announced that it has filed an early warning report announcing that Day Construction has sold to Eric Sprott , by way of a private agreement, 10,000,000 outstanding common shares representing approximately 1.7% of the outstanding shares of Wallbridge Mining Company Ltd. . The shares were sold pursuant to a share purchase [...]
Eric Sprott announces that on December 18, 2019, he purchased 2,967,000 flow through common shares of Wallbridge Mining Company Ltd., through a private placement, at $0.95 per share for total consideration of $2,818,650 million. Prior to the acquisition, Mr. Sprott beneficially owned and controlled 121,387,063 common shares and 2,500,000 Share purchase warrants representing approximately 21% of the outstanding Shares on a [...]
Wallbridge Mining Company Ltd. is pleased to announce that it has closed a non-brokered private placement for aggregate gross proceeds of $7.9 million through the issuance of 7,999,700 common shares in the Company. A total of 2,590,700 common shares were issued on a flow-through basis at a price of $1.05 per Super FT Share and 5,409,000 common shares in the capital of the Company on a flow-through basis at a price of [...]
Wallbridge Mining Company Ltd. today announced that Tony Makuch, CEO of Kirkland Lake Gold Ltd. , has joined the Company's Board of Directors following Kirkland Lake becoming a 9.9% shareholder of Wallbridge pursuant to its private placement financing , which closed on November 29, 2019. Mr. Makuch is a professional engineer with over 35 years of management, operations and technical experience in the mining industry [...]
Wallbridge Mining Company Ltd. is pleased to announce that hole FA-19-99 of the ongoing 75,000-metre 2019 drill program on its 100%-owned Fenelon Gold Property has intersected visible gold and abundant sulfide mineralization over a 16-metre core length. This extends the Lower Tabasco Zone a further 230 m down-dip to a vertical depth of 850 metres. In addition, complete assay results have now been received for drill hole [...]
TORONTO, Nov. 29, 2019 /CNW/ - Wallbridge Mining Company Ltd. today announced it has closed a non-brokered private placement financing of 74,543,860 common shares at an issue price of $0.57 per common share for aggregate gross proceeds of $42,490,000 . Net proceeds of the Offering will be used to advance Wallbridge's 100%-owned Fenelon Gold Property and for general corporate purposes. "The closing of this financing [...]
Wallbridge Mining Company Ltd. is pleased to announce additional drill results from the ongoing 70-80,000-metre 2019 drill program, which is continuing to follow up on the Area 51 and Tabasco discoveries and outline a large gold system at its 100%-owned Fenelon Gold Property . "The last two weeks have provided us with an additional three wide intersections of strong gold mineralization at depth in the Tabasco zone, all [...]
Wallbridge Mining Company Ltd. is pleased to announce that it has signed a definitive letter agreement whereby Lonmin Limited , has appointed Wallbridge as operator of Lonmin Canada Inc.'s "Loncan", a wholly owned subsidiary of Lonmin Limited's "Lonmin" advanced-stage Denison Property. Pursuant to the terms of the Agreement, Wallbridge has received a 20% ownership interest in Loncan and a seat on Loncan's board of [...]
Wallbridge Mining Company Ltd. is pleased to announce assay results from the ongoing 70-80,000-metre 2019 drill program, which is continuing to follow up the Area 51 and Tabasco discoveries and outline a large gold system at its 100%-owned Fenelon Gold Property . Drill hole FA-19-086, which was visually described in the last Wallbridge Press Release dated October 09, 2019, assayed 27.00 g/t Au over 38.39 metres in the [...]
Wallbridge Mining Company Ltd. is pleased to provide significant new high-grade assays and visual results from the ongoing 70-80,000-metre 2019 drill program, which is continuing to follow up the Area 51 and Tabasco discoveries and outline a large gold system at its 100%-owned Fenelon Gold Property . The new drilling further demonstrates the significance of the Tabasco zone below a vertical depth of 400 metres, where it [...]
Wallbridge Mining Company Ltd. is pleased to announce several important discoveries and the achievement of milestones that further demonstrate the large size potential of the Fenelon gold system . Drill results extend the Cayenne zone to a depth of 700 metres, the Tabasco zone an additional 150 metres to the east and all known zones an additional 80 metres to the west-northwest. Furthermore, strong, visible gold-bearing [...]
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